Oct 05 2011
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, and U.S. Sen. Olympia Snowe (R-ME), Ranking Member of the Senate Committee on Small Business and Entrepreneurship, today announced the introduction of the Honest Budget Act, a nine-plank legislative package that targets Washington’s most dishonest budget gimmicks and accounting tricks:
“Washington relies on an astonishing array of dishonest budget gimmicks to enable and conceal countless billions in federal deficit spending.
That is why we have introduced the Honest Budget Act: to strip away many of the most egregious budget gimmicks in Washington, to make it harder to spend money we don’t have, and to confront the culture of fiscal manipulation that is bleeding our country of future prosperity.
No more gimmicks, tricks, or empty promises. Americans deserve honesty, transparency, and accountability. The Senate must adopt this overdue measure and we are confident it can receive bipartisan support. That is what we will fight to achieve. It is time for Congress to rebuild the trust it has so steadily eroded.”
[Note: for additional, detailed information about the Honest Budget Act, please click here.]